The literature shows that for most UK industries privatization might be necessary but is not sufficient to produce … than privatization itself. We ask what changes around privatization had the greatest impact on efficiency for UK … electricity generators. We analyse the effects of privatization and other changes in incentives on plant efficiency using a newly …

subject of this study is the analysis of network industries with particular emphasis on privatization in this field in general … is threefold. The chapter on privatization is based on a theoretical model, followed by a chapter on the institutional …

imperfect, and the SPV ownership structure is the main tool to regulate the power of private incentives. The scope for welfare …-improving PPPs reduces with respect to the case of perfect bundling, and the private negotiation always awards a suboptimal SPV-ownership … share to the Builder. Thus, imposing ownership requirements in PPPs is a welfare-improving policy. …

, and private ownership for another - this paper argues that the PPP model is suitable for some public services but not for … others. While the incentive-oriented mechanism of bundling and private ownership fosters cost savings in the provision of …

private information whether a certain treatment is needed or not. This paper studies how ownership affects the incentives for … evidence from residential care for teenagers with behavioral problems supports the model's predictions. Private ownership …

of privatization to an owner-manager is developed in which different allocations of ownership rights lead to different …The paper offers a selective survey on the incomplete contracts approach to privatization. Furthermore, a simple model …, privatization is a commitment device of the government to credibly reward the manager for a successful cost reduction and to harden …